BlackRock dumping precursor? A sudden $2.6 billion strike hits the exchange—retail investors, don’t rush to catch the falling knife!

Viewpoint: Large institutional funds flowing into exchanges = getting ready to sell. The ETF redemption wave hasn’t fully faded yet—please hold off in the short term.

On-chain proof: BlackRock sent 3,625 BTC and 20,598 ETH into Coinbase overnight, with a market value of over $2.6 billion. The monitoring team has said—there’s more coming.

Don’t be naive! Retail deposits into exchanges are called “bullish”; when institutions move funds from cold wallets, it’s called “loading ammo.” The ammo is already chambered—ready to start smashing at any moment.

This time it’s not an active short; it’s a passive cut of losses. The market is weak, big players are redeeming ETFs like crazy, and BlackRock has to sell coins to pay out the cash. Cold wallet withdrawals are too slow, so it can only transfer to exchanges first—“queue up and take their turn.”

Short-term sell pressure is maxed out, and the price action can’t even breathe. But don’t panic: long-term conviction hasn’t collapsed—this is only part of the settlement and payout process.

Key point: On-chain transfers never stop, and every rebound is a trap. Buying the dip now is basically helping institutions unload.

Wait until the redemption wave retreats and the volume of coin transfers drops sharply, then we can talk about stabilization.

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